Damus

Recent Notes

unSATiated profile picture
Ancapism requires those virtues less than democracy requires voters to study the candidates, parties, and policies, apply their minds to determine the best option, and then actually show up and vote.

HODL · 2d
Anarcho capitalism is a dope idea and it’s totally viable if you just imagine everyone else on earth is also a 130 IQ neurodivergent pan European with a multi thousand year history of living and or...
unSATiated profile picture
Have you considered that, in an ancap society, those incapable or unwilling to engage with the philosophy can still do what they do now: follow what their parents taught them? Doing that doesn't require any of the virtues you listed. Sheeple can keep sheepling along.

An ancap society would look structurally very similar to what we have now, except none of the relationships are based on coercion, and can change at any time. It will be more fluid and less rigid.

Noshole · 2d
😂🫂
Yarnlady 🧶 · 2d
🤭🤣
Derek Ross · 1w
Sure. The key is to make content online available here and then share the links and screenshots.
Tauri · 2w
I don’t really know if he holds such beliefs (remember, he’s a Christian) but thankfully even if he does, he can’t force his beliefs on anyone in Bitcoin. In fact this is the moral of the story ...
unSATiated profile picture
Aren't #bip110 supporters also such a small group of people trying to enforce their decision on the entire network, without consensus?

It's great that y'all are engaging and trying to convince as many people as possible, but when @Bitcoin Mechanic and @Matthew Kratter start talking about PoW changes, it starts sounding more like a threat. That ain't consensus building.

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Tauri · 2w
We ain’t no small group of people. We’re tens of thousands just by the node count numbers. https://blossom.primal.net/24c58430c3f8112af19829df14c44585b515f2ab23748bc28168be1d63591e9d.jpg https://blossom.primal.net/23703a1fccc33c144a94f9727576f15481f32de254c4561f45be03781b161ef9.jpg
Kyma Fi · 2w
lol 😂 you said without consensus … as if activating a softfork isn’t consensus. Nodes enforce the rules and this is how consensus is reached. It doesn’t happen ANY other way.
Majestic Entity · 2w
You are correct, BIP110 is a minority of retards misled by Matthew Krapper, and those at Ocean mining into supporting their upcoming shitcoin.
Tauri · 2w
Maybe this will help you understand nostr:nevent1qqs9jh0zz0vg2gte3jemha9sq4j7gwg4tscyvt6smynfpppf5qfemkq97yxgn
unSATiated profile picture
Interesting. That certainly suggests that a soft fork *can* succeed with even less than current support levels. Does that mean you also expect a similar last minute shift to occur for #BIP110? I guess so, since you mentioned there's no down side to miners to signal.

The picture is starting to come together. Just need to tie off a few more loose ends.

You mentioned that miners can lose up to 13% fee revenue. Is that due to the 13% of RDTS nodes that won't submit transactions to non-signalling miners? Or is it something else? And if that's the case, wouldn't that be a temporary situation, because those transactions will eventually be routed through other non-BIP110 nodes?

Tauri · 2w
Maybe this will help you understand nostr:nevent1qqs9jh0zz0vg2gte3jemha9sq4j7gwg4tscyvt6smynfpppf5qfemkq97yxgn
Tauri · 2w
Because miners have nothing to lose by activating it and much to lose if they try to ignore it. It’s a classic prisoner’s dilemma type situation. Plus they can lose up to 13% fee revenue from user...
unSATiated profile picture
Regarding the "nothing to lose" part: wouldn't they be wasting resources mining only BIP110 compliant blocks and ignoring invalid ones, when the majority of miners will mine the BIP110-invalid blocks, and form a longer chain, as validated by the majority of nodes?

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Tauri · 2w
As I said, it’s a classic prisoner’s dilemma. If say 10% of the global hash pivots to BIP-110 tomorrow, there’s a 99% chance the rest will pivot immediately after. Currently there’s no penalty for doing this which is why only the ideological miners signal at this point. This will change in e...
Tauri · 3w
This vid is a good explainer of your question. To me as a BIP110 supporter a hard fork PoW change is a non-starter. At the same time if BIP-110 fails I firmly believe Bitcoin as we know it is over and...
unSATiated profile picture
Please help me understand why you and @Bitcoin Mechanic are so optimistic about #bip110 succeeding. If the majority of miners and nodes just ignore it, as the current numbers seem to indicate, how could that lead to successful activation? Do you expect the the numbers to pick up drastically as we approach the deadline?

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Tauri · 2w
Because miners have nothing to lose by activating it and much to lose if they try to ignore it. It’s a classic prisoner’s dilemma type situation. Plus they can lose up to 13% fee revenue from users rejecting their blocks while earning about 0.1% extra revenue from mining spam. If they ignore BIP...